August 12, 2022
FCC Votes to Restrict AT&T and Verizon in the 2015 Spectrum Auction

FCC Votes to Restrict AT&T and Verizon in the 2015 Spectrum Auction

Posted May 16, 2014 at 3:56am by iClarified · 12471 views
The FCC has voted to limit the amount that AT&T and Verizon -- two of the iPhone's most popular carriers, can buy in the 2015 spectrum auction. The FCC approved the plan that would prevent AT&T and Verizon from purchasing spectrum that other carriers do not have in certain markets.

For Sprint, T-Mobile and other regional carriers, this is great news, as it gives them the chance to purchase some of the spectrum that will allow them to strengthen their network. The auction is slated for mid-2015 and will be the first opportunity in years for wireless carriers to buy the low-frequency airwaves that are considered 'beachfront' property of radio spectrum due to their reach and strength.

The rules set on Thursday would reserve up to 30 megahertz of spectrum in each market for bidding by non-nationwide carriers or companies with less than one-third of low-band spectrum in that market.

The reserve would kick in after the auction raises enough spectrum and revenue to help fund a new $7 billion public safety network and pay back TV stations, which would volunteer to relinquish airwaves for wireless carriers to buy in the auction.


AT&T and Verizon argued the plan would be unfair and could complicate the auction, as well as limit the amount of money the FCC would ultimately raise. The auction will set aside 30 megahertz of spectrum in each market.

Sprint shares rose 6 percent and T-Mobile shares rose up 1.3 percent following the news.

Read More

FCC Votes to Restrict AT&T and Verizon in the 2015 Spectrum Auction
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
You must login or register to add a comment...
Ren
Ren - May 16, 2014 at 11:07am
lol the greedy networks don't get a chance to get signal boost but the terrible and the better ones do. Suck it.
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Deals. Save on Apple devices and accessories.
DEALS